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Taranaki Daily News, 8 March 1924, Page 5

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FOREIGN EXCHANGES. By Telegraph.—Pres* Assn.—Copyrigh Received March 7, 7.5 p.m. London, March 4. The following rates on foreign are current to-day, compared with the cable<y quotations on March 3:—

The mark is quoted from Berlin at 19 to 20 billions to the sterling, compared with Ift

billion* on March 3. Received March 7, 8 p.m. London, March. 6. Aft.er Its recent temporary recovery, the French franc reached a new lowl record of 108 francs to the £l. The Belgian exchange, is 124*4 francs to the £l. WAIHI SHARES IN LONDON. Received March 7, 7.5 p.m. London, March 6. The latest quotations for Walhi shares on the London market are: Buyers 29a, sellers 29s 7d. BRADFORD WOOL MARKET. Received March 7, 7.5 p.m. London, March 9. The Bradford tops business is small. Merino 1b quiet, but crossbreds are firm and hardening. Sixty-fours are quoted at 70d. fifties at 48d, forty-sixes at 28d, and forties at 25dDAIRY PRODUCE. BUTTER FLAT; CHEESE DULL. Received March 7, 7.5 p.m. London, March 8. The butter market is very flat. Buyers are abstaining, having apparently filled all tt*» present requirements before the strike. Quotations: New Zealand choicest salted, 182 s to 18Gs; Australian, 170 s to 1745; unsalted slightly less owing to heavy Argentine supplies. The cheese market is dull. Quotations: New Zealand, 86s to 88s; Australian, 80s td 84s. THE CEREAL MARKET. Received March 7, 7.5 p.m. London, March fl. Flour.—Quiet, and is tending to be easlefc Australian to arrive is quoted at 33* fld. Oats.—Quiet. Beans.—Steady. Peas.—Neglected. Sugar.—Unchanged. WHEAT QUOTATIONS. Received March 7, 7.5 p.m. London, March fl. Wheat cargoes are firm, and there is more Inquiry for near positions. Quotation*: By New Oshera, 47s 9d; by Leith City, 47s 3d. Parcels are quiet and unchanged. Quotations: Ac London, by Benalla, 47s 6d; by City of Madras, 37s l%d; at Liverpool, by Medic. 47s 6d; by Runic, 475; at Manchester, ship unnamed, April, 46s 6d; at Hull, Xhlp on passage, 44s 7Mid. Spot trade Is dull. Australian is quoted at 50s from store. CANTERBURY MARKETS. By Telegraph.—Press Association. Christchurch, Last Night. Potatoes are still worth about £5 5s per ton on trucks to farmers. The reported drop In price at Sydney so far has net been reflected here.

Oats are very dull, none offering and no alteration being recorded in prices. Partridge peas continue to experience good inquiry, and there is any amount of them offering at 7«. While crops ere lighter than was expected in so far as yield is concerned, this is compensated for by the good quality, which is said to be better than for some considerable time.

Bran is noW worth £5 10s f.o.b main ports, with 10s extra for smaller packing, the new price having come Into operation from March 1. The new price for pollard is £6 10s f.o.b. main ports, with 10s extra for smaller

packings. With regard to onions, it is stated that Wellington and Auckland merchants are purchasing some Australian stuff, which is said to be of better quality than that locally grown. FAT STOCK PRICES. THE WEEKLY REPORT. Wellington, Last Night. The New Zealand Meat Producin’ Board advises that the following prices are being offered for fat stock for export:— Auckland.—Wethers, 641bs. and under 6d: ewes, 041bs. and under 4%d; prime woolly lambs, 421bs. and under 9d, 431ba. and over 9%d; second quality lambs BHdPoverty Bay.—Wethers. '64lb*. and under fld: ewes, 641bs. and under 4%d; prime woolly lambs, 421ba. and under B%d. Hawke'* Bay.—Wethers, 64lbs. and under 6\4d; ewes, 641bs. and under 4%d; prime woolly lambs, 421bs. and under 9tfd; second quality lambs B%d; prime ox beef 22a per 1001bs - > > Wellington.—Wethers, 641bs. and under 6%a, ewes, 641bs. and under sd; prime woolly lambs, 421bs. and under 9%d, 431bs. and over 9%d; second quality lambs B%d. Canterbury.—Wethers, 64!bs- and under ewes, 641bs. and under sd; prime woolly lambs, 421bs. and under 10%d, 431bs. and over 10%d; second quality lambs 9%d. Southland.—Wether*, 641bs. and under C%d; ewes. 641bs. and under 4%d; prime woolly lambs, 421bs. and under 9%d, 481bs. and over 9d. TALLOW AND WOOL. The N.Z. Loan and Mercantile Agency CO., Ltd., have received the following cablegram from their London house under date March 5: Tallow.—We quote present, spot value* for the following descriptions: Fine mutton, 51s per cwt.; good beef, 47s 3d per cwt.; mixed, 44s 3d per cwt. Market active. March Wool Bale*.—List closed March S. Rimutaka, Ruahine, Pakeha, Dorset, Middlesex and Turakin* W’id*d-

Meh. « Meh. 3 Par. Brussels (franc) .... 123.125 118.75 25.255 Paris (franc) 107.05 104 2S.25S . Stockholm (kroner) . 17.47 16.45 13.159 Christiania (kroner) 31.87 31.93 18.159 Copenhagen (kroner) 27.17 27.21 18.159 Rome (lire) 100.25 100 25.255 Calcutta 1/4 1/4% 2/ Yokohama 2/0% 2/1 2/0% Hongkong 2/1% 2/4%. 1/ New York (dollar) 4.30 4.29% 4.866 Montreal (dollar) .. 4.44% 4.<S% 4.868